Suraj Malhotra

Suraj Malhotra, representing Raymond James, asked about the current level of newness in Canada Goose stores, specifically the proportion of new year-round relevant products versus core offerings, and the company's future plans for increasing the mix of newness to enhance year-round relevance.

Answer

Carrie Baker, President of Brand and Commercial, expressed satisfaction with the current assortment, noting that newness and lighter-weight, year-round categories outperformed heavyweight down, with revenue from newness doubling year over year. She clarified that "newness" includes animating bestsellers with new fabrics and colorways, and confirmed that apparel, everyday, and rain categories are all growing, with a comfortable balance in the product mix.

Suraj Malhotra, on behalf of Rick Patel, asked about the current level of newness in stores, specifically the proportion of new year-round relevant products versus core offerings, and the company's future plans for the mix of newness to enhance year-round relevance.

Answer

Carrie Baker, President of Brand and Commercial, expressed satisfaction with the assortment, noting that newness and lighter-weight, year-round categories outperformed heavyweight down, with revenue from newness doubling year-over-year. She clarified that newness includes animating bestsellers with new fabrics and colorways, and confirmed that apparel, everyday, and rain categories are all growing, indicating comfort with the current product mix.